PGNiG Q4 profit better than estimates

WSE-listed gas giant PGNiG Q4 net profit amounted to PLN 456 million compared with PLN 430 million forecasted initially. Still, the profit is down by 37 percent y/y. On the other hand, EBITDA increased to PLN 1.32 billion from the PLN 1.29 billion estimate, and 22.4 percent down y/y, while revenues matched the initial result…

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